Flood Insurance
Protect with Flood Insurance
Coverage for damage from flooding is generally excluded on other insurance policies, like homeowners. There are two routes to coverage: The FEMA federal-mandated program (National Flood Insurance Program/NFIP) and the Private Flood Insurance market.
The FEMA program is operated by the Federal Emergency Management Authority (FEMA). It provides up to $250,000 protection for buildings and up to $100,000 for contents. Coverage must be purchased through licensed insurance agents.
A newer option is flood insurance through private insurers, referred to as the Private Insurance Market. It offers options that may better fit your needs, such as higher coverage limits, replacement cost coverage, reduced waiting period or immediate coverage in some cases, and deductible options. We represent all the major carriers of private market flood insurance, and can help you find a policy to protect your property.
We can help you understand the way both types of coverage operate, explain the risks and benefits, and then arrange your flood insurance quickly and at the best value.
What is a Flood?
The Federal Emergency Management Agency (FEMA) defines a flood as :
"a general and temporary condition where two or more acres of normally dry land or two or more properties are inundated by water or mudflow."
Flooding can occur from:
- The overflow of inland or tidal waters
- The unusual and rapid accumulation or run off of surface waters from any source
- Mudflow
Why Choose Heist Insurance Agency?
Since the federal flood program was introduced in 1968, we have been involved at the local level in our communities as a stakeholder in preventing floods and educating property owners on hazard mitigation and flood insurance solutions. We're a family owned and operated business serving the Mid-Atlantic region for over 55 years. Over 15,000 clients count on Heist Insurance Agency to provide insurance protection for their homes, businesses and families.